Anyone else only rent?

[SWBTATTReg]

31. Well, good luck on finding that cheap condo. The monthly condo fee could eat up any savings you might score.

So beware of these low-priced condos (especially in FL, maybe Vegas, etc.). The monthly fee could eat up any so-called savings. Also, w/ the way the real estate markets have been acting in FL, other places (prices tumbling), I'd be careful, very careful in purchasing something. Perhaps also, your bank or credit union might know of a house on their books, you might get a good deal there too.

And perhaps w/ the real estate markets in some areas tumbling, you'll be able to score a house for a decent price (foreclosed on by bank on previous owner), sure there might be some work and/or fixing up to do, but more than likely, you'll still come out ahead. That's how we got our current home, we wanted to downsize from 1st house in popular neighborhood, which we did, and as a bonus, scored a smaller house (instead of six bedrooms this one had four) in the same general area, same post office, same grocery stores, same everything.

Sure we put a lot into fixing the place, but we are very happy. Especially the part about not leaving the neighborhood.

Good luck to your search, and like I said, you never know what might come across...